i can cure chartists, page-104

Looks like you have been cured.


And talking about bottoms, why do chartists complicate things ?

The price of BHP went up 62 cents today.
I dont care whether in the process of doing so the BHP chart formed a triple-fat-bottom-doji-candlestic-candle.

I can see that the price went up 62 cents myself.

What I want to know is which is the more accurate price.
If BHP is worth $20, yesterday's price was more correct.
If BHP is worth $30, today's price is moe correct.

Do you want me to get more controversial ?

1) You buy BHP for $20. BHP is worth $30. You sell at $25. You made a loss.
2) You buy BHP for $30. BHP is worth $20. You sell at $25. You made a profit.


Its all about figuring out how much things are worth folks !